Facebook Plans Global Financial System Based on Cryptocurrency

Facebook unveiled an ambitious plan on Tuesday to create an alternative financial system that relies on a cryptocurrency that the company has been secretly working on for more than a year. The effort, announced with 27 partners as diverse as Mastercard and Uber, could face immediate skepticism from people who question the usefulness of cryptocurrencies and others who are wary of the power already accumulated by the social media company.

Source: Facebook Plans Global Financial System Based on Cryptocurrency

Spotify: Why We’re Joining the Libra Association

Since day one, we’ve worked to create a platform where fans can directly access the audio they want—at any time, anywhere, and at the right price—while also offering economic viability for creators. This fundamental focus is why we believe in joining the Libra Association. Launching today, the independent, not-for-profit organization was founded to create a simple global currency and financial infrastructure that will empower billions of people.

Source: Why We’re Joining the Libra Association — Spotify

Where is the EU going on tech and competition policy?

Huge technology policy questions are looming for whoever takes the top jobs at the European Union in the coming months. Decisions that could radically reshape tech business models, reconfigure the competitive landscape and change the relationship between Internet users and the content and services they consume.

Source: Where is the EU going on tech and competition policy? – TechCrunch

Kickstarter Cancels Drip XOXO Artist Subscription Project: Serving Small Creators Is Unsustainable

XOXO, the Kickstarter backed successor the Drip artist and label subscription platform is shutting down before it launches. “Ultimately, we couldn’t find a way to make the business viable,”  the XOXO team wrote announcing the closure.

Source: Kickstarter Cancels Drip XOXO Artist Subscription Project: Serving Small Creators Is Unsustainable

Universal Music Groups Faces Dozens of Artist Lawsuits Related to the 2008 Universal Studios Fire

Universal Music Group lied about the loss of roughly 500,000 recordings in the Universal Studios fire in 2008.  Now, 11 years later, top industry attorneys are gearing up for some serious litigation, with dozens of artists potentially filing suit.

Source: Universal Music Groups Faces Dozens of Artist Lawsuits Related to the 2008 Universal Studios Fire

Developer Ubisoft exploring blockchain for gaming: report

French Video games development firm Ubisoft is reported to be exploring ways of integrating blockchain technology into its games, in a bid to gain an edge on competitors. The plans will reportedly see Ubisoft write game assets to a blockchain, which can then be made available for purchase, along similar lines as the business model behind the hugely successful Fortnite franchise, published by rival Epic Games.

Source: Developer Ubisoft exploring blockchain for gaming: report – CoinGeek

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